AC 492 FINAL EXAM THE SPECIFIC AUDIT OBJECTIVE- You can buy this course from us. Here given some questions related AC 492 FINAL EXAM THE SPECIFIC AUDIT OBJECTIVE you can take a look of these questions.

1. The specific audit objective that all purchases and cash disbursements made during the period were

2. The use of the computer to compare production hours to direct labor hours on daily production reports relates to the:

3. during the count of cash on hand, it is NOT necessary for the auditor to:

7. The specific account balance audit objective, the entity owns or has rights to all recorded plant assets at the balance sheet date, relates to the:

8. When inventories are material and the auditor does not observe the inventory at or near the year-end, professional standards require the auditor to:

9. All sales, cash receipts, and sales adjustments are accurately valued using GAPP and correctly journalized, summarized, and posted. These actions are transaction objectives for:

10. Section 18 liability is relatively narrow in scope because it relates only to a false or misleading statement in documents “filed” with the:

11. Which of the following functions is NOT part of the production cycle?

12. The specific audit objective for the audit of investments, investment balances are properly identified and classified in the financial statements, relates to the:

13. The specific audit objective that the entity is liable for the payables resulting from the recorded purchase transactions relates to:

14. The specific audit objective for the audit of investments, investment revenues, and realized and unrealized gains and losses, are reported at proper amounts, relates to the:

15. The control of all funds during the count of cash on hand is meant primarily to prevent:

16. The standard bank confirmation, developed jointly by the AICPA, the American Bankers Association, and the Bank Administration Institute, requests information about all of the following EXCEPT:

17. Which of the following is NOT a tort?

18. Which of the following accounts in a merchandising company is affected by both the revenue cycle and another cycle?

19. Whether the entity maintains effective controls to provide reasonable assurance that private customer information obtained as a result of e-commerce is protected from uses not related to the entity’s business defines:

20. Which one of the following is NOT true of the Principles in the AICPA’s Code of Professional Conduct?